Cielo Waste Solutions (CVE:CMC) Stock Price Up 9.1% – Should You Buy?

Cielo Waste Solutions Corp. (CVE:CMCGet Free Report) shares were up 9.1% on Tuesday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 136,083 shares traded hands during trading, an increase of 104% from the average daily volume of 66,785 shares. The stock had previously closed at C$0.06.

Cielo Waste Solutions Stock Performance

The company has a market capitalization of C$6.70 million, a price-to-earnings ratio of -0.35 and a beta of 2.82. The company has a debt-to-equity ratio of 17.99, a current ratio of 0.06 and a quick ratio of 9.95. The company’s 50-day moving average price is C$0.09 and its two-hundred day moving average price is C$0.11.

About Cielo Waste Solutions

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Cielo Waste Solutions Corp. operates as a waste-to-fuel environmental technology company in Canada. It converts and transforms waste feedstocks, including organic material and wood derivative waste into fuel, such as diesel, naphtha, and kerosene. The company was formerly known as Cielo Gold Corp. and changed its name to Cielo Waste Solutions Corp.

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